Apple could face problems with some of its older models of iPhones and iPads in the U.S. This, after the U.S. Trade Commission ruled yesterday that the devices violated a patent owned by Apple's archrival, Samsung.
The ruling is unlikely to have a big impact on Apple's earnings. But as NPR's Steve Henn reports, the decision raises more questions about how the U.S. patent system can be used.
Now we turn to a scathing report on expensive conferences held by the IRS. The report by the agency's own inspector general noted the IRS spent about $50 million on employee meetings between 2010 and 2012.
NPR's Wendy Kaufman reports.
WENDY KAUFMAN, BYLINE: Some of the most egregious examples of questionable spending occurred at a 2010 gathering in Southern California. The IRS paid dearly for some lavish hotel rooms, and spent $34,000 for lodging and related expenses for employees who lived nearby.
For the past five years, graduation day has been a time of apprehension as much as celebration. Prospects for those entering the workforce for the first time were bleak. The class of 2013 — whether from high school or college — has cause for more optimism than previous classes.
NPR's business news begins with a big no from Chrysler.
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MONTAGNE: The Detroit automaker is taking the unusual step of defying the government by refusing to recall some 2.7 million of its vehicles. Federal safety officials say 1993 to 2004 Jeep Grand Cherokees and the 2002 to 2007 Jeep Liberties are dangerous and should be taken off the road. The National Highway Traffic Safety Administration says rear-mounted gas tanks in those vehicles are vulnerable to leaking and catching fire in rear-end collisions.